Search results

is this an hindu religion class now?

James, just because you prefer to build businesses does not make it right to tell people short-term trading does not work. And if you changed your mind about trading maybe you should have started there. Yes, trading is not for everyone. But it does work for some people. And it is indeed...

I find it difficult to believe someone smart like yourself can't come up with better systems than the ones you put on those books. Even I trade much better systems, and I am not that smart. By better I mean simple and very reliable systems. Stupid is good in trading. So that makes me think...

Altucher wants to distance himself from trading. Its for business reasons, I am sure.

First of all thats not even true, Supercash has short-term trading setups in it as well... Second, I tested all your setups recently, even the ones you put on ET and on thestreet.com. More than one setup still works and the mean-reversing stuff works, just not with 20 days exit, which was a...

Why did he write books giving trading advice then ?

GAZ is crashing now... It has an NAV of $2.53, still a long way to go.

Altucher also wrote one of the worst trading books ever, supercash. Even he now admits the book is bad. What sort of person would accept a cash advance on a bad book and cheat his readers in the process? "So I wrote ‘Supercash’ about hedge fund strategies. This time, to Pamela’s...

could you make a summary for us?

Thats not the point, is bill gates a good trader?

Funny thing is he is still trying to sell his books. The same books whose techniques he now says don't work. Look at his "books" tab.

http://www.jamesaltucher.com/2012/03/who-makes-money-on-wall-street/ After several books on swing trading Altucher says no one can make money.

i dont use stops and it works for me that does not mean i dont exit losing positions

In Hollywood movies now when a woman betrays a men its his fault for not pleasing her enough and making her happy. When it is a men, he is just a pig with no self-control. Women are always intelligent and responsible, man are childish and immature. It's just a silly cultural trend that is...

This reminds me of research studies saying that women drive better than man when in fact everyone knows it is not the case. Women can't even park their car properly ! It just a fashionable thing now to bash man and praise women. You can see it in Hollywood too.

I trade in a real trading room in one of the biggest corporations in the world. I have seen many women come and go, in general they don't last. They don't like the stress, they lack the analytical skills and the willingness to make tough decisions and think independently. The only thing they...

GAZ is an ETN, what kept it in line with the NAV was the possibility to issue new units and therefore perform an arbitrage. If the arbitrage is restored it will drop to $2.57 in an instant, everyone be careful.

barclays stopped issuing new units so the arbitrage between GAZ and futures is broken... here is the NAV link http://finance.yahoo.com/q?s=%5EGAZ-IV&ql=1 it can drop to $2.57 in a single minute if barclays reverses its decision

It is funny that everyone here was so upset about the Madoff's ponzi scheme but when they see another ponzi developing in front of their eyes they just don't care much.

Halted a second time...